Why mixing Climate & Poverty does not work
Prioritising Investment in Pragmatic Climate Solutions

London, UK - 2 August 2007, 09:04 GMT

Dear ATCA Colleagues

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

We are grateful to:

. Dr George Feiger, based in Berkeley, California, USA, for "Why mixing Climate and Poverty does not work;"
. Elizabeth Marshall, based in Wick, Caithness, UK, for "Prioritising Investment in Pragmatic Climate Solutions;"
. Prof Barbara Harriss-White, based in Oxford, UK, for "Climate Chaos, Capitalism, Cosmopolitics and Energy Policy Coherence;"
. John Menzies, an Australian national, who operates between Sofia, Bulgaria, and Vancouver, Canada, for "Climate Chaos or a Chaotic Climate?;"
. Elizabeth Marshall, based in Wick, Caithness, UK, for "Extreme Weather's Result: Infrastructure and Harvest Damage plus Rising Food Prices;" and
. Aurora Carlson, based on the West Coast, Sweden, for "Climate Chaos, Potential Human Extinction and Our Thoughts, Intentions & Emotions;"

in response to the ATCA think-pieces: "Extreme Weather: Flash floods Cause Chaos across Britain; Emergency Services in meltdown; Claims to cross USD 4 billion" and "Climate Chaos: UK Extreme Weather Update: Water runs out in flood-hit areas; Power Supplies Threatened Government Emergency Committee Meets; USD 2 billion+ pa for Flood Defences."

Dr George Feiger is President and CEO of of Contango Capital Advisors, based in Berkeley, California. He brings to the firm a diverse background in the banking, financial services and wealth-management industries. He is also Executive Vice President of the firm's parent company, Zions Bancorporation listed on Nasdaq and based in Salt Lake City, Utah. Prior to Contango, Dr Feiger served in a number of senior positions in the financial services sector. He was a Senior Advisor to the Monitor Group, Global Head of Onshore Private Banking for UBS, Global Head of Investment Banking at SBC Warburg and was a Senior Partner at McKinsey & Co During his time in Europe. He led the merger integration of the corporate finance businesses of Swiss Bank Corp and SG Warburg, and oversaw the consolidation of SBC Warburg's sales and trading businesses. He was also a partner at Capco, a financial services consulting firm. He holds a PhD in Economics from Harvard University and was an Associate Professor of Finance at Stanford University's Graduate School of Business. He has served as a director on several corporate boards and is a frequent writer and speaker on a wide range of financial topics. He writes:

Dear DK and Colleagues

Re: Why mixing Climate and Poverty does not work

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2. Too many left-of-centre individuals and groups "borrow" any critical global agenda item to make it serve their ideological goals of wealth redistribution, nationally and internationally. It would be a shame if countering climate chaos was hijacked into a scheme to try to level consumption between the rich and the poor both nationally and between nations. Because, I suspect, the well-off nations, corporations or individuals won't buy into it for the moment!



Elizabeth Marshall is a Fellow of The Energy Institute in London and Member of the Ad Hoc Expert Group on Energy convened by United Nations Economic Commission for Europe (UNECE), based in Geneva, Switzerland, since 1992. Elizabeth is a former director of the British Institute of Energy Economics and a member of The Windsor Energy Group of which The Lord Howell, a long standing ATCA contributor, is Chairman. She is based in the extreme North of the United Kingdom in Wick, Caithness, and is a member of the Institute of Directors in London and The Reform Club. She writes:

Dear DK and Colleagues

Re: Prioritising Investment in Pragmatic Climate Solutions

In response to some criticism or scepticism shown about climate chaos by one of our distinguished members -- John Menzies, I would refer to the article on pages 48-57 of the August 2007 edition of the Scientific American, entitled 'The Physical Science behind Climate Change' which is by William Collins et al. This article also notes that the Intergovernmental Panel on Climate Change (IPCC) now places the probability of global warming being caused by human activities at 90 percent.

[CONTINUES] [ATCA Membership]

This is the rationale for proposing an urgent international meeting of governments with the global investment community and the infrastructure and agricultural expert groups this autumn, to prepare and invest in action plans and expedite necessary works of major reconstruction.

Kind regards

Elizabeth Marshall


We look forward to your further thoughts, observations and views. Thank you.

Best wishes

For and on behalf of DK Matai, Chairman, Asymmetric Threats Contingency Alliance (ATCA)

ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. Please do not forward or use the material circulated without permission and full attribution.

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